A mashup of Jam City's games.
A mashup of Jam City's games.
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Mobile game publisher Jam City raises $350M and buys Ludia for $165M

  • Posted byby Dean Takahashi
  • Updated
  • 3 min

Jam City has raised $350 million in funding and has closed its purchase of mobile game publisher Ludia for $165 million.

The deal comes after Jam City scuttled its $1.2 billion plan to go public via a special purpose acquisition company (SPAC) because of changing conditions in the stock market. The $350 million consists of a combination of equity and debt financing.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.